Page 24 - Renewable Energy

Inox Wind bags 40 MW orders from retail customers across various industries

The projects will be executed on a turnkey basis across locations in Gujarat and Karnataka

CLP Wind Farms raises Rs 300 cr through non-convertible debentures

The company said the move will help sustain the expansion of its renewable energy portfolio in alignment with the company's vision to invest in low-carbon footprint businesses

Share of renewable energy rises to 26% in Apr-Aug this year: Official

The share of renewable energy in the country's power mix has increased from 23% to 26% in April-August period this fiscal

Corporate green power clicks in Asia

Activity now seems to be picking up pace in the Asia-Pacific region, which accounted for 18 per cent of the corporate power purchase agreements totaling 11.2 gigawatts (Gw) signed so far this year

World Solar Bank aims to infuse $10 bn in solar projects across ISA members

With high priority accorded to Make in India, the government shall soon launch incentive schemes to invite global companies to set up mega manufacturing plants

Renewable sector in India attracts $10-20 bn of investment: IEEFA

Policy-related headwinds and a collapse in electricity demand due to the Covid-19 crisis have disrupted India's renewable energy capacity tendering and commissioning process

The future of energy

Book review of THE NEW MAP: Energy, Climate, and the Clash of Nations

Net carbon zero economy possible by 2050 at low cost, says ETC report

The report said the impact of achieving a zero-carbon-emission economy on human welfare in 2050 will be hugely positive

Renewable, T&D assets dominate PFC & REC loan books as thermal loses steam

Stress in conventional power generation space and no new private investment in the sector see the two lenders gradually shift to newer areas

Adani Green to tie up with 10 foreign banks for $1.8 billion funding

Funds to be raised as revolving construction finance for upcoming 12 Gw renewable projects

Japan's ORIX Corp to pick minority stake in Greenko Energy for Rs 7,000 cr

"The transaction will further drive capacity, revenue, EBITDA and overall earnings growth for Greenko and our stakeholders," Greenko MD said

BP spending $1.1 billion to enter offshore wind market with Equinor

The British oil and gas company has set itself a target of increasing its renewable power generation capacity 20 fold over the coming decade to 50 gigawatts (GW)..

India to have 220 GW renewable energy capacity by 2022, says PM Modi

PM Modi exuded confidence that India will increase its existing clean energy capacity of 134 GW to 220 GW by 2022 and stressed on reducing tariffs further through technological advancements

Doubling priority lending for renewables to help only small installations

Industry players say cap is inadequate to meet funding requirements of planned mega projects

Solar on every farm: Will this help state utilities bridge the revenue gap?

Most farmers in India get subsidised power, which is priced at a fraction of the cost of supply

GAIL eyess at petrochem, renewables to supplement core

Will bid for new pipelines put on offer by regulator and continue to grow gas transmission biz by laying key sections of National Grid; 7,500-km lines, mostly to eastern parts are currently being laid

Railways meets solar power developers for zero carbon emission goal

The railways has developed a mega plan for installing solar plants of 20-GW capacity by utilising its vacant land by 2030

Planning surplus land to generate 20 GW of renewable energy: Goyal

Indian Railways plans to use its surplus land to generate 20 GW of renewable energy from 'Made in India' solar or wind equipment to power its network, Railways Minister Piyush Goyal said on Wednesday.

India's dependence on thermal power to dip to 50% by FY22: Report

India's dependence on thermal power will reduce to 50 per cent by 2021-22 and 43 per cent by 2026-27 on the back of renewable energy (RE) capacity additions, a report said. Thermal power includes diesel, gas and coal-based electricity generation which contributes 63 per cent of total electricity generation capacity in India as per the report. "India is chasing ambitious RE targets and enhancing its T&D (Transmission & Distribution) infrastructure. Increasing RE use is decreasing dependence on coal. Contribution of the thermal sector will reduce to 50 per cent by FY22 and 43 per cent by FY27," said a report by Praxis Global Alliance and Zetwerk. The recent study by Praxis Global Alliance, a leading management consulting and advisory firm, and Zetwerk, an Indian B2B marketplace for manufacturing products and services, highlights the impact of COVID-19 on the overall power sector including key segments - generation, transmission, and distribution. According to the report the ...

Tata Power to explore M&A opportunities in renewable energy space

Tata Power, which is sitting on a debt of over Rs 43,000 crore, is eyeing Rs 9,000 crore revenues from its renewable energy operations by FY2025